Search For "deposit"
Household savings are moving to mutual funds from banks impacting their li
Updated : 1 year, 8 months ago IST
The households are choosing the capital markets over the banks to park or invest their savings, highlighted RBI Governor Shaktikant Das during his address at FE Modern BFSI (Banking, Financial Services, and Insurance) Summit 2024 on Friday.
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Gujarat: Over 1700 Micro ATMs installed at Cooperative Societies in Banask
Updated : 1 year, 8 months ago IST
Notably under this initiative, envisioned by Union Home and Cooperation Minister Amit Shah, over 4 lakh new accounts were opened by cooperative societies and their active members in the District Cooperative Banks of these two districts, resulting in a jump of over Rs. 966 crores in the bank
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BlackSuit Empowers Fintech Innovators with Regulatory Approval Assistance
Updated : 1 year, 8 months ago IST
New Delhi [India], July 17: BlackSuit Services, a leader in legal consultation and support, proudly announces its new initiative to assist leading fintech firms in obtaining regulatory approval from the National Securities Depository Limited (NSDL). This strategic move aims to empower emergi
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After successful pilot, Gujarat to launch 'Cooperation Among Cooperatives'
Updated : 1 year, 8 months ago IST
Notably under this initiative, envisioned by Union Home and Cooperation Minister Amit Shah, over 4 lakh new accounts were opened by cooperative societies and their active members in the District Cooperative Banks of these two districts, resulting in a jump of over Rs. 966 crores in the bank
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India-Central Asia rare earth collaboration may change cooperation traject
Updated : 1 year, 8 months ago IST
Turkmenistan holds the world's fourth largest natural gas reserves and also has significant deposits of cotton, uranium, petroleum, salt, and sulfur. Uzbekistan is rich in gas, uranium, cotton, silver, and gold.
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Bank of Maharashtra's net profit surges to Rs 1,293 cr in Q1 FY 25
Updated : 1 year, 8 months ago IST
The net profit of Bank of Maharashtra surged by 46.64 per cent to Rs 1293 crore during the first quarter of FY 2024-25, the bank informed the exchange in a filing on Monday.
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Foreign investors infuse Rs 7,390 crore in second week of July, total July
Updated : 1 year, 8 months ago IST
The Foreign Portfolio Investment (FPI) in the Indian equity market increased by Rs 7,390 crores during the second week of July, according to investment data from the National Securities Depository Limited.
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Shriram Finance Offers Fixed Deposit Plans Tailored for Senior Citizens
Updated : 1 year, 8 months ago IST
Mumbai (Maharashtra) [India], July 13: Shriram Finance, a leading name in the financial services sector, is now offering fixed deposit plans designed to meet the financial needs of senior citizens. This initiative comes at a pivotal time when the financial security of the elderly is becoming
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Understanding Fixed Deposit Interest Rates: A Comprehensive Guide
Updated : 1 year, 8 months ago IST
New Delhi [India], July 9: When choosing a fixed deposit scheme, the interest rate is one of the crucial factors to consider. The math here is simple - the higher the interest rate offered, the higher your returns. But how much does the interest rate affect your investment? How is the intere
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Reforms in pension scheme, tax on deposits, PSBs' consolidation must be on
Updated : 1 year, 8 months ago IST
The key reforms brought in over the past decade were Jan Dhan; Digitization, financial inclusion; recapitalisation of PSBs; API-based banking; Insolvency and Bankruptcy Code; GST; and platform business models, among others.
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Financial Wellness in Retirement: Shriram Unnati FD for Senior Citizens
Updated : 1 year, 8 months ago IST
Mumbai (Maharashtra) [India], July 6: In an era where financial stability in retirement is a growing concern, Shriram Finance unveils a groundbreaking solution tailored for senior citizens - Fixed Deposits (FDs) that cater specifically to their needs. To ensure financial wellness post-retire
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FPIs invest Rs 7,962 cr in equity market during first week of July
Updated : 1 year, 8 months ago IST
The Foreign Portfolio Investors (FPI) have infused Rs 7,962 crore in the Indian equity market in the first week of July, according to the data from the National Securities Depository Limited (NSDL).
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